An article by Thomas Friedman in the New York Times entitled "What the World Needs Now" tells it all. Illustrated by an American Flag on a fist it said, among other things: "For globalism to work, America can't be afraid to act like the almighty superpower that it is....The hidden hand of the market will never work without a hidden fist-McDonald's cannot flourish without McDonnell Douglas, the designer of the F-15. And the hidden fist that keeps the world safe for Silicon Valley's technologies is called the United States Army, Air Force, Navy and Marine Corps." (23)

In today's world, TNCs, and governments running interference for them, are pushing relentlessly for an end to national sovereignty and democratic rights in order to achieve total unimpeded access to acquire investments, cheap labor and consumers in every nook and cranny of the globe. This is being accomplished particularly through mechanisms such as multilateral agreements on investment, NAFTA-type free trade agreements, and the dictates of the International Monetary Fund (IMF), World Bank and World Trade Organization (WTO).

The globalization fever is running rampant. It is epitomized in the feeding frenzy taking place across the Asia-Pacific region where U.S.-based transnationals and banks are gobbling up assets at bargain basement prices in nations stricken by the Asian economic crisis. In the early weeks of that economic tsunami, the New York Times , described U.S. banks and corporations as poised to "snap up some corporate bargains...Chase Manhattan, General Electric, General Motors and J.P. Morgan are all said to be looking at ailing companies in the region."(26)

Corporations will stop at nothing

To achieve maximum profits these transnationals will stop at nothing. After all, they are non-human institutions that must expand through ever-greater profits, or go out of business. In so doing they have shown willingness to violate human rights-particularly workers' rights—to throw millions out of work, eliminate unions, use sweat-shops and slave labor, destroy the environment, destabilize governments, install or bolster tyrants who oppress, repress, torture and kill with impunity...>>